ALFORMER Industrial Co. Ltd.
ALFORMER Industrial Co., Ltd. engages in the provision of aluminum customized services. The company operates through five business areas: Aluminum Extrusion, Aluminum Forging, Aluminum Doors and Windows, CNC Machining, and Anodizing. Its aluminum extrusion products include industrial extrusion, modular extrusion, airtight windows, curtain walls, solar panels, frames and brackets, sporting goods, … Read more
ALFORMER Industrial Co. Ltd. (4558) - Net Assets
Latest net assets as of June 2024: NT$917.63 Million TWD
Based on the latest financial reports, ALFORMER Industrial Co. Ltd. (4558) has net assets worth NT$917.63 Million TWD as of June 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$2.08 Billion) and total liabilities (NT$1.16 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$917.63 Million |
| % of Total Assets | 44.11% |
| Annual Growth Rate | 13.3% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 12.34 |
ALFORMER Industrial Co. Ltd. - Net Assets Trend (2019–2023)
This chart illustrates how ALFORMER Industrial Co. Ltd.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for ALFORMER Industrial Co. Ltd. (2019–2023)
The table below shows the annual net assets of ALFORMER Industrial Co. Ltd. from 2019 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | NT$881.11 Million | -5.34% |
| 2022-12-31 | NT$930.86 Million | +23.24% |
| 2021-12-31 | NT$755.32 Million | +26.08% |
| 2020-12-31 | NT$599.10 Million | +12.06% |
| 2019-12-31 | NT$534.63 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to ALFORMER Industrial Co. Ltd.'s total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 80.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$100.89 Million | 11.45% |
| Common Stock | NT$500.00 Million | 56.75% |
| Other Components | NT$280.22 Million | 31.80% |
| Total Equity | NT$881.11 Million | 100.00% |
ALFORMER Industrial Co. Ltd. Competitors by Market Cap
The table below lists competitors of ALFORMER Industrial Co. Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Jindalee Lithium Ltd
AU:JLL
|
$14.78 Million |
|
Rana Sugars Limited
NSE:RANASUG
|
$14.78 Million |
|
Rubicon Organics Inc
OTCQX:ROMJF
|
$14.78 Million |
|
Greenidge Generation Holdings Inc
NASDAQ:GREE
|
$14.79 Million |
|
PT Pelayaran Tamarin Samudra Tbk
JK:TAMU
|
$14.75 Million |
|
Catena Media plc
OTCGREY:CTTMF
|
$14.75 Million |
|
Heeton Holdings Limited
F:SST
|
$14.75 Million |
|
Hoth Therapeutics Inc
NASDAQ:HOTH
|
$14.74 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in ALFORMER Industrial Co. Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 930,859,000 to 881,110,000, a change of -49,749,000 (-5.3%).
- Other factors decreased equity by 49,749,000.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$0.00 | -0.0% |
| Other Changes | NT$-49.75 Million | -5.65% |
| Total Change | NT$- | -5.34% |
Book Value vs Market Value Analysis
This analysis compares ALFORMER Industrial Co. Ltd.'s book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.03x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 1.58x to 1.03x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | NT$12.12 | NT$19.10 | x |
| 2020-12-31 | NT$13.58 | NT$19.10 | x |
| 2021-12-31 | NT$17.13 | NT$19.10 | x |
| 2022-12-31 | NT$18.62 | NT$19.10 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently ALFORMER Industrial Co. Ltd. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 6.53%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.10%
- • Asset Turnover: 0.92x
- • Equity Multiplier: 2.29x
- Recent ROE (6.53%) is below the historical average (12.92%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 3.62% | 1.55% | 0.89x | 2.64x | NT$-34.11 Million |
| 2020 | 14.93% | 6.41% | 0.94x | 2.49x | NT$29.53 Million |
| 2021 | 26.58% | 9.45% | 0.98x | 2.86x | NT$125.24 Million |
| 2022 | 6.53% | 3.10% | 0.92x | 2.29x | NT$-32.28 Million |
Industry Comparison
This section compares ALFORMER Industrial Co. Ltd.'s net assets metrics with peer companies in the Aluminum industry.
Industry Context
- Industry: Aluminum
- Average net assets among peers: $3,598,820,333
- Average return on equity (ROE) among peers: 7.97%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| ALFORMER Industrial Co. Ltd. (4558) | NT$917.63 Million | 3.62% | 1.27x | $14.75 Million |
| Ting Sin Co Ltd (2358) | $464.77 Million | 0.00% | 2.97x | $18.83 Million |
| Liton Technology (6175) | $2.59 Billion | 11.69% | 0.85x | $110.21 Million |
| Xxentria Technology Materials Co Ltd (8942) | $7.74 Billion | 12.23% | 0.45x | $155.33 Million |